The Global Market for Purpose-Built Backup Appliance (PBBA) is Projected to Reach US$4.3 Billion by 2020
Enterprise Focus on Improving
Backup Performance to Drive Growth in the Purpose-Built Backup Appliance Market,
According to a New Report by Global Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, size and demand forecasts on the global Purpose-Built Backup
Appliance (PBBA) market. Driven by the growing need to protect business
critical information and prevent data loss, the global market for Purpose-Built
Backup Appliance (PBBA) is projected to reach US$4.3 billion by 2020.
In
the present information-driven world where data volumes continue to grow at an
explosive rate, enterprises are struggling to address the ever growing need for
effective protection, backup and recovery of data. Data protection and recovery
strategies are being transformed by the growing need to enhance the
effectiveness of data protection and disaster recovery processes. Aggressive
service-level agreements (SLAs), need for easy integration into existing
enterprise environments and rising demand for rapid recovery are also dictating
changes to customer strategies for data
protection and recovery. All these factors are driving enterprises to
shift towards disk-based data protection technologies, including purpose-built
backup appliances (PBBAs) for their backup requirements. A purpose-built backup
appliance (PBBA) refers to an all-in-one appliance, comprising server, storage,
backup software, deduplication and operating system, all provided by a single
vendor. PBBA comprises a broad array of products designed to aid backup and
rapid recovery, all of which are aimed at optimizing capacity through data deduplication, thereby allowing customers
to manage the voluminous growth of backup data within their enterprises.
The
rising need to protect business critical information and prevent data
loss/leakage, and the growing emphasis on multiple backup strategies, present strong
opportunities for growth. Increasing end-user adoption of PBBA systems for
backup and recovery, and optimization of storage functions by using
deduplication also offer favorable opportunities for growth. Advancing software
capabilities, with improved flexibility, file sharing, data analytics, and data tiering capabilities, also bode
well for the PBBA market. Future growth in the market remains positive, with centralized
PBBA solutions forecast to witness robust demand. In the coming years, the PBBA
market is anticipated to grow at a rate faster than the overall data protection
and recovery hardware and software market, driven largely by the customers’
continued preference for turnkey systems to deal with data backup and
recovery-related issues. While Greenfield implementations will be a major
driving force for the PBBA market, demand will also benefit from early adopters
of the technology seeking to upgrade their software.
As
stated by the new market research report on Purpose-Built Backup
Appliance (PBBA), Europe represents the largest market, worldwide. Asia-Pacific is
poised to record the fastest CAGR of 9% over the analysis period, led by factors
such as developments in enterprise networking, strong investments in bleeding
edge IT technologies, and rapid expansion of the business sector in the region.
Major
players covered in the report include Arcserve (USA) LLC, Asigra Inc., Axcient
Inc., Barracuda Networks Inc., CommVault Systems Inc., Dell Inc., EMC
Corporation, ExaGrid Systems Inc., FalconStor Software Inc., Fujitsu Ltd.,
Hewlett-Packard Development Company L.P., Hitachi Data Systems Corporation, International
Business Machines Corporation, NetApp Inc., Oracle Corporation, STORServer
Inc., Symantec Corporation, Unitrends Corporation, Vembu Technologies Inc., and
Western Digital Corporation.
The
research report titled “Purpose-Built Backup
Appliance (PBBA): A Global Strategic Business Report” announced by Global
Industry Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market estimates and
projections in US$ Million for all major geographic markets such as the US,
Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of
Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America
(Brazil and Rest of Latin America), and Rest of World.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San
Jose CA 95138, USA, All Rights Reserved.
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